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How the Climate Change and Geopolitical Crises affects Economic Growth and Development?
How the Climate Change and Geopolitical Crises affects Economic Growth and Development? The world economy is constantly evolving sometimes positively and sometimes negatively. From last 100 years we all are witnessing the evolution of economic development and growth aspects. From industrial revolution to capitalism and Globalization the world experiencing tremendous economic growth and development. However,…
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“Four Pillars, One Ruler: The Crushing Grip of Power on Indian Democracy”
“Four Pillars, One Ruler: The Crushing Grip of Power on Indian Democracy” Four Pillars, One Grip: A Stark Portrait of Indian Democracy’s Erosion India, the world’s largest democracy, stands upon four pillars: a vibrant citizenry, a free press, an independent judiciary, and a robust system of checks and balances. These pillars, once heralded as testaments…
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How India’s Fintech Revolution is Transforming the Economy?
Introduction: From Cash to Cosmos — How India’s Fintech Revolution is Reshaping the Economy India, a land of vibrant hues and bustling bazaars, is witnessing a silent revolution — a revolution not waged with swords or slogans, but with smartphones and algorithms. This is the rise of India’s fintech, a wave of innovation that is redefining how the nation interacts…
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“How Corporate Money Buys Political Will and Shapes Wealth Distribution in India”
India, a vibrant democracy boasting economic progress, whispers a darker tale beneath its glittering facade. A tale etched in the lines of deepening inequality, where the gap between the opulent few and the struggling many widens with each passing day. But this chasm yawns open not by chance, but by design. At its heart lies…
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“Disguised Unemployment in Developing Economies: A Consequence of Fixed Proportion Production Function and a Asset for Developed Economies”
The Role of Fixed Proportion Production Function in Developing Economies and Cheap Labour: An Unexpected Asset for Developed Economies The distinction between developed and developing economies empirically suggests that while developed countries are mostly capital abundant (Physical and Human Capital) and labor scarce and on the other hand, developing and underdeveloped countries are labor abundant…
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Building a Chip Manufacturing Hub: How India Aims to Challenge China’s Semiconductor Supremacy
Can India Topple the Chip Giant? Inside India’s Ambitious Plan to Challenge China’s Semiconductor Supremacy In Semiconductor industry China played an important role as it provides more than 80% of exports of semiconductor chips and related raw materials throughout the world. Other key exporting countries of semiconductors are the USA, Japan, Korea,etc. However, the important…
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Multidimensional Poverty: Measuring it, Understanding it, Addressing it
The concept of poverty is diffrent among the various countries. Specifically, low income countries has more poverty than high income countries and similarly underdeveloped as weel as developing countries has high level of poverty as compared to the more developed nations. However, the important questions is that what constitute the poverty? Is poverty linked to…
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The Making of a Modern Republic: Dr. Ambedkar’s Imprint on India’s Constitution and the Significance of Republic Day
On January 26th 1950 the Indian Constitution is implemented and India became the Soverign, Socialist, Secular, Democratic and Republic State. The term republic is not a mere political independence but it involes a wide aspects of liberty, equality, justice,fraternity and universal brotherhood among all the citizens of India. Most of the times people confused or…
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“Beyond the Multiplier Mirage: How Misdirected Investments Squeeze Out Capital Formation and Growth”
The role of multiplier effect plays an important role in every contry. According to the keynsian multiplier effect when government made investment in productive resources or assets it results increase in incomr and employment not by the same amount but multiple of it depending on the size of the multiplier.For example, if the government is…
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The Shifting Tides of Progress: Navigating the Currents of Static and Dynamic Economic Forces to Economic Growth and Development
Economic growth, like a vessel traversing a dynamic sea, is propelled by a complex interplay of forces. Some, akin to steadfast currents, provide stability and structure — established institutions, regulations, and infrastructure. Others, like capricious winds, bring change and disruption — technological advancements, shifting demographics, and global uncertainties. This article embarks on a precise exploration…
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Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor 